2021 KWD to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 KWD to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the KWD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 71.5843. Conversely, the yearly low was recorded on January 3, dropping to 46.5372.
This high-to-low spread represents a total annual volatility of 25.0472 SRD. From a start-to-finish perspective, comparing the January average rate of 46.6796 to the December average rate of 70.0057, the exchange rate registered a net change of 49.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 71.5843 was up 53.77% compared to the 2020 peak of 46.5519, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
KWD to SRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 49.7896, compared to 70.7793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9897 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 24.0506 SRD (High: 71.0746 / Low: 47.0240). On the other end, February was the most stable month, with a tight range of 0.1160 SRD (High: 46.8227 / Low: 46.7067).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1392 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 71.1449) against the same month in 2020 (average: 46.3098), the exchange rate shifted by +24.8351 (+53.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.7975 | 46.5372 | 46.6796 |
| February | 46.8227 | 46.7067 | 46.7630 |
| March | 46.8859 | 46.6982 | 46.8073 |
| April | 47.0697 | 46.8251 | 46.9411 |
| May | 47.1592 | 46.9618 | 47.0394 |
| June | 71.0746 | 47.0240 | 64.5074 |
| July | 71.2630 | 69.2608 | 70.3139 |
| August | 71.4221 | 70.8242 | 71.1181 |
| September | 71.2045 | 70.5653 | 71.0514 |
| October | 71.2957 | 70.7107 | 71.0418 |
| November | 71.5843 | 70.9244 | 71.1449 |
| December | 71.2810 | 64.1141 | 70.0057 |